Sunday , 24 March 2019
Breaking News

Real Estate

Tax cuts should boost Indian real estate demand, but many issues linger

A tax cut by India to help the country’s troubled housing sector should boost home sales, but by itself will not be enough to put cash-short developers on more solid ground, say industry executives. On February 25, a government body said the sales-tax on under-construction residential houses in April will drop to 5 percent from 12 percent, while that on ... Read More »

NBCC asked to provide estimate, amount required to complete delayed realty projects: Sources

With the problem of unfinished houses looming large and elections round the corner, there is pressure on the government to ensure that lakhs of homebuyers saddled with EMI burden get delivery of their homes. With this in mind, it has been proposed that the government’s construction arm National Buildings Construction Corporation Ltd (NBCC) make an assessment of the projects that ... Read More »

10 Commercial Real Estate Systems That Can Help Your Business

In recent years, new and evolving technologies have impacted the way nearly every industry operates. This is especially true of real estate, where tech has revolutionized everything from property listing databases to signing contracts. The members of Forbes Real Estate Council have seen a lot of disruptive commercial real estate solutions emerge during their careers, and many of them have leveraged these new products and methods to improve their business. Below, members discuss some of the technologies that have helped them get ahead. ... Read More »

This week in Houston real estate: Employment numbers, new iBuyer comes to town and more

Texas’ economy continues to hum along, with new numbers from the Texas Workforce Commission and the U.S. Department of Labor showing that 2018 ended on a high note. The state added 38,000 seasonally adjusting nonfarm jobs in December, the comission said in a news release. The state’s unemployment rate remained unchanged from November’s level of 3.7 percent—a 43-year low in the ... Read More »

Real estate options: Where should you invest in 2019?

With scarcely available ready A-grade rent-yielding commercial assets being taken up fast and the housing market no longer offering the kind of returns it did a few years ago, investors are now turning to other options such as warehousing, co-living, co-working spaces and even student housing to get the best bang from the buck. There is a major shift from investors ... Read More »

What 2019 augurs for real estate in India

India’s real estate market seemed to be on the path to recovery in 2018 as the impact of Real Estate (Regulation and Development) Act, 2016, (RERA Act)and Goods and Services Tax (GST) tapered down and home sales and new launches picked up. But the liquidity crisis at non-banking financial companies (NBFCs) has hit growth prospects of the real estate sector. Mint takes a look. How did home ... Read More »

Real estate transactions for Sunday, Nov. 4, 2018

Following are seller, buyer, property description and price of property. Note: price is an estimate based on revenue stamps that are bought from the county. ROCK ISLAND COUNTY WARRANTY DEEDS Pure Industrial Real Estate Trust, c/o Piret, Toronto, Ontario, Canada, to BPP Pristine US, New York, N.Y.; 7800 Turkey Hollow Rd., Rock Island, industrial building; $19,000,000. Franks, John and Jan, ... Read More »

Housing Units Worth Rs. 3 Lakh Crore Lag Delivery Deadlines In 7 Cities: PropEquity

In NCR, the number of such housing units has been estimated at over 1.8 lakh, said PropEquity. More than 4.65 lakh housing units across the country are lagging their delivery deadlines, according to a report by property consultant PropEquity. Although the country’s real estate or property market “may be witnessing green shoots of recovery in select micro markets”, the projects ... Read More »

Share market update: Realty stocks subdued; HDIL, IB Real Estate top losers

NEW DELHI: Most realty stocks, including Housing Development & Infrastructure (HDIL)(down 1.53 per cent), Indiabulls Real EstateNSE -2.79 % (down 1.48 per cent) and Prestige Estates Projects (down 1.27 per cent), were trading with losses. The Nifty Realty index was trading 0.22 per cent down at 267 around 02:30 pm. Sobha (down 0.68 per cent), Phoenix Mills (down 0.63 per cent) and Brigade ... Read More »